anz rougue actions, page-8

What every client (largely) has swallowed is the tripe about 30c in the dollar

Anz have sold down 60% and are left with illiquid special small caps

and hold a year or two of turnover..

Some of which is my mates..to cash out means another 50% reduction in price after the 30% already absorbed because they came on the scene

We have difficulty getting to 1 cent in the dollar in our modelling

the clients of Opes must agitate...as if their economic lives are dependant on the outcome